£460,077
This estimated value is based upon the latest sale price for the house of £201,600 on 29 Sep 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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110 Violet Road, London, E3 3QH
Phone: 02036410928
Price Paid | Date |
---|---|
£201,600 | 29 Sep 2003 |
£175,000 | 8 Apr 2002 |
£95,000 | 15 May 1998 |
Terraced |
Freehold |
Floor Area: 113 sq meters or 1,216 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in September 2003 the House Price Index for GREATER LONDON was 65.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 128.213%.Applying this 128.213% change to the original purchase price of £201,600 results in an estimated price of approximately £460,077.
29 Sep 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
65.1 | 148.6 | 128.213 % | £201,600 | £258,477 | £460,077 |
The Postcode Pricing Model uses changes in average sales price within the E3 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 152.586 % | £307,613 | £509,213 |
3 Month Average | 148.103 % | £298,576 | £500,176 |
6 Month Average | 157.315 % | £317,146 | £518,746 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Sep 2023 | £303,885 | £300,000 | FLAT 16 WINGATE HOUSE BRUCE ROAD |
30 Jun 2023 | £298,617 | £295,000 | 78 REGENT SQUARE |
4 Nov 2022 | £454,495 | £460,000 | FLAT 9 NETHERCOTT HOUSE BRUCE ROAD |
14 Oct 2022 | £672,756 | £680,000 | 43 RAINHILL WAY |
31 Aug 2022 | £470,733 | £472,000 | 42 REGENT SQUARE |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 13 Aug 2018. Using an estimated price of £460,078 means this house is valued at £4,071 per sq meter (£378 per sq foot).
The average size of a house on BRUCE ROAD is 81 sq meters (882 sq feet).
This house is the largest in the street with a floor area of 113 sq meters (1,216 sq feet).